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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: CO who wrote (6418)3/14/1998 11:39:00 PM
From: Jamie Orr  Read Replies (2) of 27968
 
A few weeks ago Ira said he was certain that FAMH could achieve full listing status on its own merits. Now he is suddenly willing to sacrifice 17% of EPS to achieve listing status. Doesn't that trouble you?

Ira has the audited financials in his pocket and he knows that an audited .1085 EPS would greatly increase the share price; but instead of releasing those financials and waiting a few days for the stock price to increase he rushes into this reverse split/merger deal. Wouldn't he rather negotiate from a stronger position and achieve a better split (like 1 for 2) after releasing the financials?

Wise up folks. Ira knows the financials will hurt the stock price, so he is grasping at something new to excite investors. He knows that the stock price will only go up if he keeps you in the dark, and he is obviously right.

People keep saying that Ira wouldn't be foolish enough to claim .1085 EPS if it weren't so. Well, gee, he's done it before.

Jamie Orr
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